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Pacer Funds Pacer BlueStar Digital Entertainment ETF

ODDS
$
Today’s Change
()

Snapshot
*

Inception Date
Apr 8, 2022
Expense Ratio
0.6%
Type
Global Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$699
AUM
$743,428
Associated Index
BlueStar Global Online Gambling, Video Gaming and Esports Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

FLTR
Flutter Entertainment Plc
8.32%
700
Tencent Holdings Ltd.
8.08%
EVO
Evolution AB
7.95%
DKNG
DraftKings Inc. - Ordinary Shares - Class A
7.69%
ENT
Entain plc
4.3%
LNW
Light & Wonder Inc
3.31%
ATVI
Activision Blizzard Inc
3.26%
FDJ
La Francaise Des Jeux S.A.
3.2%
NVDA
NVIDIA Corp
2.8%
AMD
Advanced Micro Devices Inc.
2.78%

What is ODDS?

A rules-based exchange traded fund (ETF) that aims to offer investors exposure to globally listed companies and depositary receipts that generate the majority of their revenue from online gambling, video game development or eSports.

1M
3M
6M
YTD
1Y
3Y
Max

ODDS
Performance Measures**

for the time period Apr 11, 2022 to Dec 16, 2025

Returns

1M Trailing Return: 2.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -16.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -25.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 25.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.63

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.53

The annualized return divided by the max drawdown for the selected time period.

ETFs related toODDS

ETFs correlated to ODDS include IRBO, XAUG, CGXU

ODDS
Pacer Funds Trust - Pacer BlueStar Digital Entertainment ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
CGXU
Capital Group Companies Inc - Capital Group International Focus Equity ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ODDS is a Global Equities ETF. A rules-based exchange traded fund (ETF) that aims to offer investors exposure to globally listed companies and depositary receipts that generate the majority of their revenue from online gambling, video game development or eSports.

ODDS tracks the BlueStar Global Online Gambling, Video Gaming and Esports Index.

No, ODDS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ODDS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ODDS is -0.0456%. This is the percent change in the value of ODDS over the most recent 1-month period. The 3-month return on ODDS is -0.0774%. This is the percent change in the value of ODDS over the most recent 3-month period.

The standard deviation of ODDS for the past year is 0.263%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ODDS include IXJ, SMH, and URA.

ETFs correlated to ODDS include IRBO, XAUG, and CGXU.

ETFs that are inversely correlated to ODDS include HIBS, EFZ, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.